Pkp Cargo Spolka Akcyjna · GPW:PKP

Pkp Cargo Spolka Akcyjna — PKP Cargo — 9M 2023 Earnings Presentation

18 slides from Pkp Cargo Spolka Akcyjna's earnings presentation, Nov 29, 2023

  1. Slide 1: PKP CARGO Group financial and operational results 9M 2023

    PKP CARGO Group financial and operational results 9M 2023 Warsaw, November 29th 2023

  2. Slide 2: Agenda

    Agenda  Results summary 2  Operational results  Financial results  Outlook

  3. Slide 3: PKP CARGO Group results 9M 2023

    PKP CARGO Group results 9M 2023 Strong financial results Revenues from contracts with Net profit EBITDA Freight volume customers 4 168 m PLN 102 m PLN 853 m PLN 62 m tons +32% y/y +9% y/y +107 m PLN y/y Profitability 20% -18 % y/y 3 CAPEX OPEX Freight turnover 1 285 mln zł 3 862 m PLN 16 921 mln tkm

  4. Slide 4: Agenda

    Agenda  Results summary 4  Operational results  Financial results  Outlook

  5. Slide 5: PKP CARGO Group freight turnover after 3 quarters 2023

    PKP CARGO Group freight turnover after 3 quarters 2023 Intermodal Aggregates and construction materials Metals and ores Freight turnover, bn tkm Freight turnover, bn tkm Freight turnover, bn tkm -45,8% 4,24 -3,0% 4,11 -34,0% 2,96 1,72 1,61 1,14 9M 2022 9M 2023 9M 2022 9M 2023 9M 2022 9M 2023 5 Liqui

  6. Slide 6: PKP CARGO Group freight volume after 3 quarters 2023

    PKP CARGO Group freight volume after 3 quarters 2023 Intermodal Aggregates and construction materials Metals and ores Freight volume, m tons Freight volume, m tons Freight volume, m tons 16,30 15,10 -39,7% -7,4% -36,4% 6,80 5,50 4,10 3,50 9M 2022 9M 2023 9M 2022 9M 2023 9M 2022 9M 2023 6 Liquid fuel

  7. Slide 7: Hard coal transport

    Hard coal transport  Decrease in demand from energy sector,  Lower level of coal collection by municipalities, Hard coal – freight volume  Accumulation of stocks has affected and (ths tons) decreased coal imports through seaports, 14 000 12 751 12 967 12 492 12 000 11 119 11 069 11 560 11 947  N

  8. Slide 8: PKP CARGO Group - CAPEX

    PKP CARGO Group - CAPEX Investments in modern rolling stock Rolling stock structure in numbers Train cars Locomotives PKP CARGO Group 52 637 1 554 CAPEX structure in 9M 2023 (m PLN) 9M 2022 9M 2023 y/y % y/y 28,2% 6,0% 15,3 76,7 +401% 1,4% Investment buildings 61,4 8 Purchases, periodic repairs and

  9. Slide 9: Employment in PKP CARGO Group

    Employment in PKP CARGO Maintaining full operational efficiency by: Group  monitoring the level of employee departures for retirement benefits and appropriately responding to staff shortages in a given business area,  optimal use of human resources by introducing projects and processes that improv

  10. Slide 10: Agenda

    Agenda  Results summary 8  Operational results  Financial results  Outlook

  11. Slide 11: Key financial results

    Key financial results Revenues from contracts with customers OPEX m PLN m PLN +9,3% +4,0% 3 815 4 168 3 713 3 862 -6,9% -5,2% 1 363 1 269 1 266 1 200 9M 2022 9M 2023 Q3 2022 Q3 2023 9M 2022 9M 2023 Q3 2022 Q3 2023 9 EBITDA Net profit m PLN m PLN +31,6% 853 649 +107 -45 -12,6% 102 277 242 38 -5 -8 9M

  12. Slide 12: Operating costs in challenging market environment

    Operating costs in challenging market environment Operating costs - structure and change in 9M 2023 9M 2022 9M 2023 y/y % y/y 12 m PLN Employee benefits 1 256,4 1 438,7 182,3 14,51% Employee benefits Consumption of traction electricity and 572,2 620,8 48,6 8,49% traction fuel 37,3% Consumption of tr

  13. Slide 13: Cash flows, liabilities and funding sources

    Cash flows, liabilities and funding sources Improvement of financial structure Available funding sources as of 30.09.2023 Liabilities structure (m PLN) (m PLN) Cash 97,0 Liabilities 31.12.2022 30.09.2023 BGK S.A. 216,8 PKO BP S.A 100,4 Long-term 2 344,6 2 576,2 Bank Pekao S.A. EBI 2 082,7 2 427,6 Sh

  14. Slide 14: Agenda

    Agenda  Results summary 13  Operational results  Financial results  Outlook

  15. Slide 15: Outlook and goals for incoming quarters

    Outlook and goals for Business and ESG strategy incoming quarters publication  Concentration on profitability of  Very first ESG Strategy for PKP CARGO cargo freight and striking a Group balance between pricing and freight volumes  Intertwined with business goals and operations  Impact of season

  16. Slide 16: Intermodal terminal Karsznice

    Intermodal terminal Karsznice Development and investment in modern rolling stock Intermodal terminal located in Central Poland, at the junction of the main European east-west communication line and the north-south route connecting e.g. Adriatic, Baltic and North Sea.  located directly on the S8 rou

  17. Slide 17: PKP CARGO intermodal terminal network

    > PKPCARGO The PKP CARGO Group undertakes numerous bi tivities to expand its product and services portfolio customers’ expectations. In order to remain a leading logistics erator in Europe PKP CARGO Group has been building and developing @ network of intermodal terminals in Poland and Czechia. The P

  18. Slide 18: Thank you

    Thank you Please fill free to contact Investors Relations Team in order to obtain more information PKP CARGO S.A. ul. Grójecka 17 02-021 Warszawa e-mail: relacje.inwestorskie@pkpcargo.com phone: +48 22 391 46 67

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